This addendum addresses the status of existing residential leases when a property with tenants is being sold. It provides two mutually exclusive options: (A) requiring all leases to be terminated before closing so the buyer takes vacant possession, or (B) having the seller assign the existing leases to the buyer at closing, with lease delivery, security deposit transfer, and seller representations about each lease.
Residential Sales, Farm & Ranch
The TREC 51-1 form is organized into the following sections:
TREC 51-1 has a verified fill map in EZDocs: answer a guided form — with the parties, property, price and closing date already filled in from your deal — and RaiderX fills the official current revision of the PDF, places every signature, initial and date line, and sends it for e-signature. Once every side has signed, the executed copy files itself into the deal.
No downloaded blank, no separate e-signature account, no re-uploading the signed copy. EZDocs is in beta and included with every RaiderX plan at no per-signature cost, on the web and in the mobile app.
Every signed form also feeds Deal Manager: it reads the form's key dates and terms and builds out your deadlines, contingencies, and tasks — so nothing slips through the cracks between contract and closing.
Join Texas agents who fill, e-sign and track forms like this one inside RaiderX — EZDocs and Deal Manager are included with every plan.